£153,750
You may be eligible for this property if: You are at least 18 years old, Your annual household income is less than £90,000, You are unable to purchase a suitable home to meet your housing needs on the open market, You do not already own a property or you are in the process of selling your property
These ready-to-move-into homes boast spacious open-plan, light-filled layouts, private outdoor space, and access to fantastic on-site amenities including a concierge service and a residents' garden.
* 25% share price = £153,750
* Estimated monthly rent = £961
* Estimated monthly service charge: £207
Tenure: Leasehold
Length of lease: 990 Years
Annual ground rent amount: £0
Ground rent review period: N/A
Annual service charge amount from £2,481
Service charge review period: Annual
Council tax band: TBC
What is Shared Ownership?
Shared Ownership is a government-backed part buy, part rent scheme that helps you to purchase a home that otherwise may not have been affordable. Through Shared Ownership, you can purchase a ‘share’ of a home, typically between 25% and 75%, and pay rent on the remaining amount. Then, over time, you can purchase more shares all the way up to 100%, or simply sell your home on the open market.
What's more, your deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable when compared to buying a home outright.
Register your interest or search “Peabody New Homes Shared Ownership” to find out more.
Disclaimers & T&Cs
*Shared Ownership cost breakdowns and financial information provided is estimated and will differ based on individual circumstances and the specific home reserved.
*£7,500 towards buying costs is subject to availability and available on the final remaining 1-bedroom homes, 61 and 69 Arden Mansions. The maximum available incentive is £7,500. The incentive value is a £7,500 deduction upon completion of contracts. Offer per individual household/home sold and cannot be used in conjunction with any other offer. Additional T&Cs, eligibility and affordability criteria may apply. Please speak to a member of our sales team for more details or visit peabodynewhomes.co.uk/offers/. Offer valid on reservations taken from 9 August 2025 to 30 September 2025. Prices and details correct from August 2025.
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